1620 Colorado Blvd Local commercial 958 m² 100 % Loué À vendre Los Angeles, CA 90041 4 315 580 € (4 506,45 €/m²)

Please see end disclaimer... Iconic mixed-use property impacts the market for the first time in 75 years. This one-of-a-kind property with rare on-site parking offers a staggering number of possibilities, opening the door for any investor/ owner-user.
The building itself features two floors, with a top floor that offers a number of multi-family one/two bedroom units. The ground floor includes an estimated 5,000 square feet of retail/commercial space, with expansive floor-to-ceiling elements that significantly enhance the sense of scale for each space. The total building area is estimated at 10,000 square feet.
This property is ideally located at one of the most vibrant, densely traveled intersections in Eagle Rock. The vibrancy creates a lively and active environment, with a mix of activities happening throughout the day and night.
Residents benefit from immediate access to key neighborhood amenities, including Trader Joe's, Vons, Sprouts, Target, restaurants, cafes, coffeehouses, breweries, boutiques, arts venues, schools, parks, public transportation, and major freeways.
The area continues to gentrify, drawing young professionals with its unique character and proximity to Los Angeles’ creative centers. It’s the perfect site!
DISCLAIMER: The sale of this property is unique... NO OFFERING MEMORANDUM. The property has ZERO INCOME. All five 2nd floor multi-family units are tenant occupied with no leases and zero rent paid. Tenants pay utilities excluding water. ONE or ALL units could be delivered vacant prior to the close of escrow. The ground floor store is owner occupied and its delivery date is negotiable. DO NOT APPROACH THE TENANTS OR EMPLOYEES OF THE STORE IN REFERENCE TO THE SALE!
NOTE: HOLD STATUS. NO SHOWINGS OR OFFERS AT THIS TIME. PROCESSING CASH FOR KEYS. TEXT JIM BECKHAM FOR MORE INFORMATION at 323-394-3056.
MLS# P1-22878